People Moves: J Safra Sarasin, Aviva and Julius Baer
J Safra Sarasin has bolstered its ultra-high net worth team in Singapore, while an equities heavyweight has resurfaced at Aviva Investors and Julius Baer has nominated an ex-Goldman Sachs alum to its board of directors.
Old Mutual Intl takes balanced approach with UK bond
Old Mutual International (OMI) has launched a trust-based bond that looks to balance access to capital with inheritance tax planning and give control over the future distribution of assets.
Best Practice | 11 Dec 17
Brits struggle to understand pension freedoms
Nearly half of the UK’s upcoming retirees are unsure of how to access their pensions and are worried that what they have saved will not last their retirement, according to research by Old Mutual Wealth.
Convoy chairman arrested at airport
The chairman of embattled IFA firm Convoy Financial has reportedly been arrested at Hong Kong airport by the region’s Independent Commission Against Corruption (ICAC), just days after three other senior executives were taken into custody on charges relating to corruption.
Best Practice | 8 Dec 17
Advice to take on new meaning in January
The UK regulator is to introduce a new definition of advice on 3 January 2018 in a move to bring it in line with the Mifid II definition.